SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Caliber
- The Wealth Development Companytoday announced the launch
of a $100 Million real estate fund, the Caliber
Diversified Opportunity Fund II, LP (the “Fund”). The Fund will
invest in “middle market” U.S. commercial real estate assets that can
deliver attractive risk-adjusted return through a combination of current
income and capital appreciation, following a similar strategy of the
Company’s previous commercial fund, which was closed one year early,
over-subscribed.

Available to accredited investors directly or by recommendation from
Registered Investment Advisors (RIAs), the Fund provides a level of
direct access to off-market projects rarely seen in the industry.
Combining opportunistic strategies to purchase assets below market with
in-house real estate services, Caliber leverages its business model to
build substantial value in assets with management transformation,
ground-up development or effective remodeling, and intelligent
financings. Investing from a set of core principles, Fund Management may
pursue a diverse mix of asset classes including apartments, office,
hotels, self-storage and other commercial properties without sacrificing
performance.

“We are deeply grateful for the continued support of our investors who
we work diligently for to provide the best returns,” said Chris
Loeffler, Co-Founder and CEO of Caliber. “Providing our clients with
insider-level access to secure commercial investments that offer
superior risk-adjusted returns and growth potential is the primary
purpose in building this fund.” He added, “Focusing on assets that are
too large or complex for local investors and too difficult to execute
for institutional REITs, Caliber will invest in $5 to $40 million dollar
projects with very little competition.”

Caliber investor J. Alan Reid, who previously served as director and CEO
of Forward, an investment advisor with over $6 Billion under management,
stated, “What sets Caliber apart is access to tax favored real estate
investments which are both opportunistic and discounted below market
value. Having access and building wealth through these diversified types
of commercial assets is a significant benefit and are typically not
available to most accredited investors.”

Projects under development that clients have an opportunity to invest
in, for example, include The
Eclipse (Scottsdale, AZ) and The Roosevelt (Tempe, AZ) multi-family
Zero Energy Ready communities. These new Caliber developments are
garnering national attention for Arizona as two of the state’s most
innovative Zero Energy townhome communities elevating sustainable, green
living and incorporating the newest home automation technologies.
Additionally, Caliber opens the Fund with investments in Colorado and
Arizona, growing US markets, across 10 identified or owned assets.

Capital previously invested through hundreds of Caliber’s private
accredited clients and RIAshas led to the Company’s rapid
success in repositioning over $300 Million in real estate assets. These
assets play a key role in economic opportunity and development
landscape. In 2016, Caliber’s asset acquisitions and re-development
projects earned the Company recognition as the Greater Phoenix Chamber
of Commerce Economic Driver award.

In addition to this $100 Million Caliber Opportunity Fund, the Company
also manages the Caliber
Residential Advantage Fund, LP, which offers the capital
preservation, appreciation and passive income producing benefits of
residential property ownership without the burden of daily management.

Caliber leads the market in providing individual accredited investors
and registered investment advisors with well-structured alternatives to
traditional investments. The Company builds wealth by forming and
managing real estate private equity investments, either through
individual assets or multi-asset funds. The Company offers an
approachable, full-service investment experience with more than 600 team
members working to care for over $250 Million (assets under management)
in commercial, residential, multi-family, self-storage and hospitality
real estate in AZ, NV, CO and AK. Comprised of 5 business units
including Investment,
Construction
& Development, Property
Management, BrokerageandHospitality, Caliber’s vertical integration of support
services delivers a unique and efficient 360º approach to
investing in real estate. The Company is headquartered in Scottsdale, AZ
with business operations focused throughout the greater Southwest
region. www.CaliberCo.com.

Note to Investors

This press release is provided solely for information purposes and
does not constitute legal or investment advice. This is neither an offer
to sell nor a solicitation of an offer to buy securities. While we
endeavor to keep the information up to date and correct, we make no
representations or warranties of any kind, express or implied, about the
completeness, accuracy or reliability of the data and summaries
contained in this press release or the suitability of any separate
offering for investors. There are risks associated with any investment.
In making an investment decision, investors must rely on their own
examination of the company they wish to invest in including the merits
and risk involved. Any forward looking statement speaks only as of the
date on which such statement is made, and we undertake no obligation to
update any forward looking statement to reflect events or circumstances
after the date on which such statement is made. Please contact Caliber
directly at 480-295-7600 for further information.